BizTrendWire Your quick daily dose of business trends
Your Go-To Hub for Business Trends, Market Insights, and Growth Strategies
Source: Reuters (via feed) Monte dei Paschi di Siena Chief Executive Luigi Lovaglio on Thursday sought to reassure investors. He said the strategy for the combined group with Mediobanca would continue despite management changes. Lovaglio…
Source: Reuters (via feed) Foreign investors increased selling in Indian equities sharply during the first half of March. The selling was mainly focused on financial stocks. This marked the heaviest fortnightly foreign selling in 17…
Source: Reuters (via feed) The non-executive chairman of HDFC Bank resigned abruptly. He cited differences over values and ethics as the reason for his departure. HDFC Bank is India's largest private-sector lender. The resignation revived…
Source: Reuters (via feed) India, the world's third biggest oil importer and consumer, has been affected by disruptions to energy shipments. These disruptions have resulted from the U.S.-Israeli war on Iran. The disruptions have impacted…
Source: Reuters (via feed) The Swiss National Bank kept its policy rate at zero on Thursday. This decision came amid a surge in the Swiss franc driven by the Iran war. At the same time,…
Source: Reuters (via feed) The Swiss National Bank issued a statement after its policy review on March 19, 2026. The announcement followed the bank’s meeting on that day. No additional details or information were provided…
Source: Reuters (via feed) India's trade ministry said on Thursday the government will provide insurance support for shipments routed through conflict-hit corridors. The announcement responds to exporters' difficulties with sharply rising logistics costs. The support…
Source: Reuters (via feed) India's solar power capacity is expected to quadruple over the next decade. Wind energy capacity could triple during the same period. These projections come from a report published on Thursday by…
Source: Reuters (via feed) British spread betting specialist IG Group has launched a strategic review. The company stated that the review may include acquisitions. It is also considering changes to its domicile and listing venues.…
Source: Reuters (via feed) India's largest private lender, HDFC Bank, said on Thursday that the exit of its chairman could be due to a rift between him and the management team. The bank added there…
Source: Reuters (via feed) Swatch Group CEO Nick Hayek has expressed concern about the strength of the Swiss franc. According to Swiss broadcaster SRF, he said the franc's appreciation was putting domestic industry at risk.…
Source: Reuters (via feed) The Bank of Japan kept interest rates steady on Thursday. The central bank warned that rising oil costs from the Middle East conflict could fuel underlying inflation. It noted caution regarding…
Source: Reuters (via feed) The European Union pitched to Turkey the idea of joining its payments system. This proposal occurred last month, according to the EU envoy to Ankara. Turkey is a candidate for EU…
Source: Reuters (via feed) Saudi Arabia's Red Sea port of Yanbu was targeted in an aerial attack on Thursday, an industry source said. The source added that the attack caused minimal impact. No further details…
Source: Reuters (via feed) India's central bank said on Thursday it found no material concerns regarding HDFC Bank's conduct or governance. The statement followed the resignation of the bank’s part-time chairman. He resigned citing differences…
Source: Reuters (via feed) HDFC Bank shares slid 8.7% in pre-open trade on Thursday. The decline followed the resignation of part-time chairman Atanu Chakraborty. Chakraborty cited differences over "values and ethics" as the reason for…
Source: Reuters (via feed) Indian shares are set to open sharply lower on Thursday. Brent crude rose above $110 a barrel. This rise followed a fresh escalation in the Iran war. The U.S. Federal Reserve…
Source: Reuters (via feed) The Indian rupee weakened in non-deliverable forwards after oil prices surged. The increase followed attacks on key energy infrastructure in the Gulf. The rupee’s movement was noted in offshore markets. The…
Source: Reuters (via feed) HSBC Holdings Plc is considering significant job cuts over the coming years. The reductions could impact around 20,000 roles. This accounts for about 10% of HSBC's total workforce. Bloomberg News reported…
Source: Reuters (via feed) The Bank of England appears set to delay an interest rate cut that was expected before the Middle East conflict. On Thursday, the bank seemed unlikely to reduce rates soon. The…
Source: Reuters (via feed) The U.S. administration under President Donald Trump is considering deploying thousands of troops to the Middle East. This is part of preparations for possible next steps in its campaign concerning Iran.…
Source: Reuters (via feed) The European Central Bank is expected to keep interest rates on hold at 2% on Thursday. The ECB will make clear it stands ready to raise rates if the Iran war…
Source: Reuters (via feed) Jasjeet Sekhon, a top executive at Bridgewater Associates, is joining Google’s artificial intelligence unit DeepMind. Sekhon will assume the role of chief strategy officer at DeepMind. The appointment was confirmed by…
Source: Reuters (via feed) HDFC Bank said late on Wednesday that its part-time Chairman Atanu Chakraborty had resigned. He cited differences with the lender over his "values and ethics" as the reason for his departure.…
Source: Reuters (via feed) A group of banks led by JPMorgan Chase plans to market a debt package tied to software firm Qualtrics' purchase of peer Press Ganey Forsta. This follows a concluded debt sale…
